At least 455GW of new solar PV capacity will need to be installed each year by the end of this decade for the world to reach net zero status by 2050, new analysis by BloombergNEF (BNEF) has found.
BlackRock has secured more than US$250 million for a finance vehicle that will invest in renewables and energy storage projects in countries across Asia, Latin America and Africa.
Vietnam remains one of the most attractive destinations of solar finance in South East Asia despite fears of market saturation, but access to capital in the region remains a key hurdle.
Module manufacturer Q CELLS has signed a memorandum of understanding (MOU) with electronics giant Samsung to develop a ‘zero energy homes’ strategy for global markets.
The European Commission has approved Lithuania’s recovery plan, which included a €242 million investment in renewable energy under the EU’s Recovery and Resilience Facility (RRF).
Australia’s electricity markets are undergoing a profound transformation from a centralised system of large fossil fuel plants towards an array of smaller-scale, widely dispersed solar and wind generators, grid-scale batteries and demand response, according to a new report from the Australian Energy Regulator.
Engie has been awarded rights to develop two hybrid projects in Chile that will combine solar, wind and battery storage and have a combined capacity of 1.5GW.
Renewables solutions provider Crossover Energy Partners is to oversee the development and operation of clean energy projects alongside investment firm KKR as part of a new collaboration between the companies announced today (30 June).
